1912 $20 Saint Gaudens NGC MS65 CAC +
Two key figures contributed to the beauty of the Saint-Gaudens Double Eagle: President Theodore Roosevelt and Augustus Saint-Gaudens, the world-renowned sculptor Roosevelt recruited. Roosevelt was dissatisfied with contemporary American coin designs, which had been in use for more than 50 years. He found the designs tired, and he envisioned an American coinage inspired by the artistic qualities of ancient Greek coinage.
The Double Eagle quickly ran into some roadblocks. Mint officials were concerned that raising the coin’s figures to the height of the ancient Greek coins would make them unstackable — a necessity for modern banking houses. In striking, the high relief was also a problem: multiple blows from a hydraulic press were required to fully form the coin, greatly adding to the coin’s production time.
As Saint-Gaudens said:
"Evidently it is no trifling matter to make Greek art conform with modern numismatics."
In 1907, Saint-Gaudens died of cancer, and President Roosevelt transferred responsibility for the coin to new Mint Director Frank A. Leach. Some accommodations were made to produce the coin, but Roosevelt was still enthusiastic about the result, writing that:
“It is the best coin that has been struck for two thousand years.”
The obverse features Lady Liberty striding forth atop a mountain summit, the sun’s rays behind her. In her right hand, she holds a torch, and in her left an olive branch. The U.S. Capitol building is visible in the lower-left background. Stars representing the states ring the coin’s border. The whole effect is one of vitality and motion, with Lady Liberty representing progress. Above her are the words “LIBERTY,” and in the bottom right is the strike year.
A LITTLE STICKER MAKES A BIG DIFFERENCE.
Within each number of the coin grading scale is a small range of condition from low-end to high-end. Certified coins of the same grade can be of varying quality. Many of today’s collectors want coins that are solid or premium quality for their assigned grade. CAC holds coins to a higher standard so you can be confident in the value of yours. We verify previously graded coins … and award our sticker only to those coins that meet the standard for today’s selective buyer.
WHAT THE CAC STICKER MEANS:
- Verified. Your coin has been verified as meeting the standard for strict quality within its grade.
- Guaranteed. CAC stands behind our verification by making markets in most actively traded coins.
THE CAC STICKER IS BACKED BY EXPERIENCE.
CAC was founded by leading members of the numismatic community, including John Albanese, a respected authority on coin grading and the rare coin market.